2301 W Chicago Avenue Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60622
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,556 sqft
Price per Sqft $297
MLS Listing ID 12280215
Year Built 1883
Annual Tax Amount $17,265
Tax Year 2023
Lot Dimensions 25 X 122
Property Sub-Type Mixed Use
Property Description
Amazing opportunity to own a fully renovated in 2017, mixed-use corner building in hot West Town/Ukrainian Village. This high-visibility corner property offers a 7% cap rate and is ideal for investors looking for strong rental potential in one of Chicago's most sought-after neighborhoods. Please note - the rents are below market rates. The property is easily recognizable thanks to the eye-catching mural on its exterior wall, which pays homage to the local culture. The commercial space features the original black bamboo-accented bar and an industrial-chic aesthetic, with exposed ductwork and black ceilings. This versatile space benefits from excellent foot traffic and visibility due to its high-exposure corner location. The property includes four highly desirable 2-bedroom residential units with hardwood floors throughout, open-concept layouts, and high ceilings. Each unit features modern kitchens with white shaker cabinets, quartz countertops, stainless steel appliances, and herringbone subway tile backsplashes. Designer lighting, including fun chandeliers and pendant fixtures, enhances the contemporary vibe. The bathrooms are fitted with brass fixtures and subway tile. Situated in the heart of West Town, this property offers convenient access to public transportation, making it a prime location for residents and businesses. Contact us today for more details or to schedule a private tour!
Location
State IL
County Cook
Interior
Cooling Central Air
Flooring Wood,Other
Fireplace N
Exterior
Utilities Available Electric to Site,Gas to Site,Sanitary Sewer,Water to Site
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick